SUBSCRIPTIONS to the Insurance Council of Zimbabwe (ICZ)’s Farmer’s Basket Insurance Scheme have risen sharply in Buhera, increasing from just 20 subscribers last year to more than 1 000 this year, reflecting growing confidence in inclusive agricultural insurance. Speaking to The Financial Gazette, ICZ Agriculture Pool chairperson Cuthbert Masukume said 1 700 farmers received insurance…
TAX incentives, net metering and other policy reforms are attracting investment into Zimbabwe’s renewable energy sector, Energy Ministry permanent secretary Gloria Magombo has said. Speaking at the Energy Forum for Africa conference in Harare last week, she said the government had introduced policies to encourage private sector investment in clean energy. Magombo said Zimbabwe’s renewable…
AFRICAN Distillers (Afdis) spent US$35,1 million on local suppliers in the 2026 financial year as the beverages manufacturer intensified efforts to strengthen domestic supply chains and support the local industry.…
FIDELITY Life Assurance is capitalising on rising demand for financial protection products as global geopolitical tensions and economic uncertainty prompt more households to prioritise insurance and long-term security. The insurer said changing consumer behaviour helped drive strong growth during the year ended December 31, 2025, with customers increasingly turning to life insurance, pensions and funeral…
LAND Fortune Market Place (LFM) and eMkambo have launched an agricultural trading platform designed to help farmers access buyers across the region while improving access to finance and insurance. Backed by a market capitalisation of US$5,2 million, the platform targets farmers operating under Village Business Units, many of whom struggle to secure reliable markets and…
THE National Building Society (NBS) has been urged to expand affordable housing finance and strengthen partnerships to help reduce Zimbabwe’s housing deficit of more than one million units. Speaking at the mortgage lender’s 10th anniversary celebrations, Reserve Bank of Zimbabwe (RBZ) director of Banking Supervision Philip Madamombe said addressing the country’s housing challenges required cooperation…
EAGLE Real Estate Investment Trust says rising tourist arrivals in Victoria Falls are strengthening the investment case for its US$43 million Eagle Heights development. Eagle Heights is a mixed-use development by Eagle REIT, located in Victoria Falls, spanning 12,3 hectares. The project includes a 120-key mid-scale international hotel, a hospital, retail space, and residential units,…
HOUSEHOLD internet access in Zimbabwe has risen to 75,5 percent, while 72 percent of mobile phone users now own smartphones, according to a new survey by the Postal & Telecommunications Regulatory Authority of Zimbabwe (Potraz) and Zimstat. Speaking at the survey launch in Harare, Zimstat director-general Tafadzwa Bandama said the findings exposed disparities between provinces,…
BRICK manufacturer Willdale says it is currently mobilising working capital to raise its plant capacity utilisation to at least 70 percent by end of year from current average of 40 percent. The group endured subdued production during the six months ended March 31, 2026, due to working capital constraints and liquidity challenges which significantly impacted…
TIGERE Real Estate Investment Trust (REIT) plans to diversify its property portfolio this year through new acquisitions and upgrades as it seeks to reduce reliance on retail assets and boost returns. The trust is targeting both sectoral and geographical diversification to drive sustainable income growth, spread risk and improve returns for investors. The Zimbabwe Stock…
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