MEASURES introduced in 2020 to curb speculation on the Zimbabwe Stock Exchange (ZSE) continue to undermine price discovery on the bourse, analysts say. The observers say lingering structural constraints have reduced liquidity, discouraged investor participation and contributed to a wave of company departures. The restrictions were introduced after the ZSE had become a preferred store…
Omega Ukama News Editor ZIMBABWE’S current account surplus reached an estimated US$570 million in Q2, up from US$270,7 million in the same quarter of 2025, according to latest figures from the Reserve Bank of Zimbabwe (RBZ). A current account surplus means the country earned more from exports, remittances and other foreign transactions than it spent…
STRONG activity on the Victoria Falls Stock Exchange (VFEX), stability on the Zimbabwe Stock Exchange (ZSE) and rising equity valuations were a major driver of insurance sector profits during the first quarter of 2026, according to the Insurance and Pensions Commission (IPEC). The sector enjoyed a sharp rise in profitability during the period, but the…
ZIMBABWE’S insurance industry is posting stronger profits, growing asset bases and healthier balance sheets, even as fewer people are taking out, or keeping, insurance policies, latest reports show. This comes as the industry has long struggled to win public confidence, with memories of hyperinflation-era losses, policy lapses and concerns over claim settlements continuing to discourage…
WHILE policymakers continue efforts to strengthen the ZiG, Zimbabwe’s insurance industry is operating almost entirely in US dollars, according to latest reports. Across life assurance, funeral assurance and short-term insurance, the US dollar has become the preferred currency for premiums, commissions and risk cover, making insurance one of the country’s most dollarised industries. In short-term…
THE Insurance and Pensions Commission (IPEC) says Zimbabwe’s insurers have made measurable progress in implementing IFRS 17 but warns that the industry’s biggest test is now producing financial statements that are consistent, comparable and technically robust. The accounting standard, which fundamentally changed how insurers measure liabilities and recognise profits, has allowed companies to present a…
RAINBOW Tourism Group (RTG) is stepping up its sustainability efforts across its expanding hospitality portfolio, with its recently acquired Montclair Resort & Conference Hotel emerging as a showcase for the group’s growing focus on resource efficiency, recycling and farm-to-table food production. The sustainability push comes as RTG is doing a US$2 million refurbishment of Montclair…
News Editor SHARES in Invictus Energy have rallied following the signing of a long-awaited petroleum production sharing agreement (PPSA) with the government of Zimbabwe. Overall, the market response, however, suggests investors remain focused on the project’s next operational milestones. The Australian-listed company announced on May 27, 2026, that it had signed the PPSA for its…
News Editor RAINBOW Tourism Group (RTG)’s expansion drive is showing its next phase in action, with the refurbishment of the recently acquired Montclair Resort & Conference Hotel in Nyanga now entering its final stretch ahead of completion next month. The US$2 million investment is a demonstration of RTG’s broader growth strategy, which has seen the…
News Editor ZIMBABWE’S long-awaited move to regulate the virtual asset sector has been broadly welcomed by industry experts, who say the new framework provides much-needed legal certainty while aligning the country with global anti-money laundering standards. The government gazetted the Money Laundering and Proceeds of Crime (Virtual Asset Service Providers Registration) Regulations, 2026, under Statutory…
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