Columns & Comment

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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New policy needs grit

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…

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Take advantage of the gold boom

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…

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Let’s build on NDS1 gains

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…

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Stay the course to sustain ZiG stability

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…

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CBZ targets US$500 million credit lines

CBZ Holdings (CBZ) is targeting to grow its lines of credit from US$200 million to at least half a billion United States dollars through support from pan-African trade financier Afreximbank, with resources aimed at meeting domestic demand.The country’s largest financial institution by assets already has credit lines amounting to US$200 million and recently disclosed a…

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Ariston in cost-cutting drive

DIVERSIFIED agro-industrial concern Ariston Holdings (Ariston) is pursuing strategic cost-cuttings which includes, automation of operations and a staff rationalization program as it seeks to boost margins and return to profitability.The group is battling high operational inefficiencies which resulted in gross margins weakening by 10 percentage points to 22 percent in the six months ended March…

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LEADERSHIP MINDSET COACHING: Fostering entrepreneurial leadership for growth

“The future belongs to leaders who can think like entrepreneurs—solving problems, creating opportunities, and driving meaningful impact.” IN today’s competitive and rapidly evolving business landscape, organisations and communities alike must adapt to thrive. This requires a new kind of leader: the entrepreneurial leader. These individuals combine innovation, resilience, and a results-driven mindset to create value,…

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TAX MATTERS: Zimra’s pay-now-argue-later principle

UNDERSTANDING the implications of Zimbabwean tax collection measures requires an appreciation of a taxpayer’s obligation and the extent of the revenue authority’s administrative powers. From the point of assessment by the revenue authority, a taxpayer needs to navigate the complex tax provisions to ensure both compliance and protection of its rights. Tax collection measures are…

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TAX MATTERS: Transfer pricing: Emerging trends

TRANSFER pricing is increasingly becoming a focal point for tax authorities worldwide and Zimbabwe is no exception. The Zimbabwe Revenue Authority (ZIMRA) is actively working to prevent Base Erosion and Profit Shifting (BEPS). With the region’s transfer pricing laws still developing, enforcement and compliance have become increasingly stringent. Zimbabwe serves as a key example of…

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