Columns & Comment

ZIMBABWE’s pensions industry stands at a critical inflexion point. For much of the past decade, pension funds have understandably adopted a defensive posture, focused almost exclusively on capital preservation in an environment marked by inflationary shocks, currency instability and eroded confidence. That caution was rational and, indeed, necessary. However, as inflationary pressures show signs of…

THE Reserve Bank deserves commendation for signalling a deliberate pivot from a “tight” monetary stance towards a more “prudential” framework. This is not a retreat from discipline, but an evolution of policy thinking that reflects both the gains already secured and the constraints now confronting the real economy. There is little dispute that a tight…

AS ZIMBABWE turns the page to 2026, the prevailing sentiment among the nation’s economic watchers is one of ‘cautious optimism’. It is a phrase that has become a staple of our national discourse, yet this year, it carries a different weight. The uneven gains of 2025 have provided us with a baseline of stability. The…

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…

AS the country edges towards the launch of its next industrial policy cycle, there is a temptation to be comforted by lofty targets and warm rhetoric. Yet, if the forthcoming strategy is to do more than decorate conference halls, the authorities must confront the hard realities that have repeatedly undermined industrial revival. The years ahead…

THE government must shun complacency and adopt a rigorous, disciplined approach to managing the gold sector in this era of unprecedented opportunity for the industry. The country is clearly benefiting from rising output and buoyant global prices, yet these gains will remain fragile unless matched by serious reforms. Record deliveries are encouraging, but production figures…

AS Zimbabwe turns the page on the first phase of its National Development Strategy 1 (NDS1), the time has come for sober reflection and renewed determination. The programme’s completion marks an important milestone on the country’s path towards Vision 2030, and while NDS1 was far from flawless, it undeniably provided the scaffolding upon which the…

ZIMBABWE’s Treasury and central bank deserve firm applause for guiding the economy into an extraordinary period of price stability, demonstrated by month-on-month inflation now in negative territory. Three consecutive months of falling prices prove that disciplined fiscal management, restrained monetary expansion, and a credible currency framework can yield real, measurable benefits for households and businesses…