Staff Writer

Stanbic Bank makes board appointment

STANBIC Bank Zimbabwe has appointed Louissa Jane Evans as an independent non-executive director, effective September 21, 2026. Evans brings nearly two decades of business experience, in­cluding 13 years at ZIMOCO, where she held executive positions, notably as head of marketing. She is currently general manager responsible for the distribu­tion of Chery, Omoda and Jaecoo vehicle…

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Fidelity Life revenue dips

FIDELITY Life Assurance of Zimbabwe’s insurance contract revenue declined four percent to US$8,3 million in the six months to June 30, 2026, from US$8,6 million a year earlier, amid slower-than-anticipated conversion of new business. Zimbabwe remained the group’s largest contributor, gen­erating US$5,8 million or 71 percent of total revenue, while Malawi contributed US$2,4 million. Fidelity…

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Higher costs weigh on Zeco

ZECO Holdings more than tripled revenue to ZiG6,28 million in the six months to June 30, 2026, from ZiG2,06 million in the comparative prior year period. The growth in revenue was driven by “increased business activity” across the group. However, cost of sales amounting to ZiG3,8 million wiped over half of total revenue compounded by…

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‘Comesa chairmanship a trade opportunity’

AS ZIMBABWE prepares to host the landmark Com­mon Market for Eastern and Southern Africa (Comesa) summit and assume its chairmanship this month, the nation faces a complex economic landscape. The country stands at a crucial crossroads, balancing regional trade integration and strategic growth op­portunities against pressing domestic hurdles. These challenges include border porosity, currency dynamics,…

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UNDP calls for impactful investment

THE United Nations Development Programme (UNDP) has urged Zim­babwe to put in place policies that encourage investments that deliver economic returns while generating social and environmental benefits. UNDP Resident Representative for Zimbabwe, Adeyele Odusola, said the country should move be­yond conventional investment mod­els and focus on impact investments capable of accelerating sustainable development across multiple…

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Economy to remain stable till end 2026

Almot Maqolo and Mishma Chakanyuka ZIMBABWE’s current macroeconom­ic stability is expected to hold through the end of the 4th Quarter, weathering both external shocks and the impending Su­per El Niño. Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — experts said this week that…

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PR is not what you say, it’s what people remember:

The three Ps that shape public relations Kevin Mwenye THERE is something about reputa­tion in Africa that has always fasci­nated me. Long before social me­dia gave us impressions, reach and engagement rates, people already knew how to build a reputation. It travelled through conversations, re­lationships and recommendations. You could ask about a business in one…

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Zimbabwe property’s global test

Leonita Mhishi ZIMBABWE’S property mar­ket has never suffered from a shortage of ambition. From the mushrooming cluster homes of Harare’s northern suburbs to new shopping centres, warehouses, office parks and mixed-use developments, the country has plenty of evidence that Zimbabweans believe in bricks and mortar. What remains less certain is whether the market can persuade…

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Cancellation of VAT registration

Simbarashe Hamudi THE cancellation of Value Added Tax (VAT) registration for reg­istered operators is an important part of tax administration, ensuring that only businesses and individuals who meet the legal requirements remain on the tax register. Under the provisions governing cancellation of registration, a VAT reg­istered operator may cease to be liable for registration when…

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