Staff Writer

Brick by brick, trust erodes

By Leonita Mhishi FOR years, Zimbabweans have treated real estate as the one investment that never lies. A house in Harare’s suburbs, a stand in the fast-growing satellite towns, or even a modest rural homestead has long been regarded as more than shelter. It is a symbol of stability in an otherwise unpredictable economic landscape.…

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Zim 2026 Central Budget panned

FINANCE minister Mthuli Ncube’s 2026 national budget will further strain hard-pressed businesses and consumers, economic experts have warned. Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — the experts said this week that the proposed increase in value-added tax (VAT), adjustments to mining royalties…

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Inflation ravages 2025 budget

ZIMBABWE’S 2025 public spending has been severely strained by inflation and exchange-rate slippage, leaving ministries and departments battling swollen costs and shrinking real allocations, according to figures presented in the 2026 national budget statement. Finance minister Mthuli Ncube revealed that ministries had already used far more of their budgets than Treasury had planned. “As at…

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2026 budget needed sharper balancing

TREASURY’s 2026 national budget attempted to project discipline, modernity and ambition, yet it landed unevenly in key areas that demand greater policy sensitivity. For a statement intended to usher in the first year of NDS2, it seemed to rely too much on blunt instruments rather than calibrated reform, leaving room for a sharper, more constructive…

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Impact of governance quality on creditworthiness

By Ephraim Chawoneka IN today’s world of tight financial investigation and rising expectations from investors, lenders, and the public, governance has become one of the most important factors influencing an organisation’s creditworthiness. In Zimbabwe, both private companies and public institutions are increasingly judged on how well they are governed. Agencies such as ICRA Zimbabwe, which…

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PPC sales increase by 25 percent

PPC Zimbabwe reported a 25 percent increase in sales volumes during the half year to September 30, 2025, driven by growing demand in the market and the introduction of a 30 percent surcharge on cement imports in May. The cement maker said in US dollars, revenue at PPC Zimbabwe increased at the same rate as…

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Caledonia frets over royalty changes

CALEDONIA Mining Corporation says the changes in the royalty regime, from last week’s 2026 national budget, will adversely impact profitability. Under this new system, gold producers will pay a royalty of three percent if the price is up to US$1 200 per ounce (oz), five percent for prices between US$1 201 to US$2 500/oz, and…

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First Capital income reaches US$64 million

FIRST Capital Bank delivered a solid financial performance during the third quarter of 2025, posting a 14 percent growth in total income to US$64,8 million for the nine months ended September 30, 2025. The Victoria Falls Stock Exchange-listed firm’s total deposit base expanded by 26 percent year-on-year to US$199 million, while its loan portfolio grew…

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Strategy season: Where vision meets execution

By the Marketers Association of Zimbabwe THE calendar marks the arrival of strategy season, and for organisations that take growth seriously, it is far more than a meeting. It is a high-stakes forum where leaders pause, reflect, and chart the trajectory for the year ahead. Every insight matters, every voice counts, and every decision has…

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