National Report

THE government is reviewing its competition law to promote fair markets and stimulate economic growth ensuring that businesses thrive through innovation rather than dominance. The draft Bill is now ready for consideration by the cabinet committee on legislation. Speaking at the inaugural 2025 National Tariff and Competition Conference in the capital, deputy minister of industry…

VICE President Constantino Chiwenga has called for greater African regional collaboration, innovation, and professionalism to improve public procurement and service delivery. Speaking at the Fifth General Assembly of the African Public Procurement Network in Victoria Falls yesterday, Chiwenga stressed the need to equip professionals with the knowledge to navigate the complexities of modern procurement. “By…

ZIMBABWE’S microfinance sector has called for a crackdown on illegal money lenders who are undermining confidence in formal lending institutions. Illegal lending and unregulated informal financing remain widespread across the country, driven largely by the high number of unbanked citizens and lingering public distrust of banks following years of financial instability. Speaking at the 2025…

THE Zimbabwe Revenue Authority (Zimra) has exceeded its mid-year net revenue collection target, driven by stronger taxpayer compliance and ongoing reforms to boost efficiency. Throughout the year, Zimra enhanced its tax compliance culture through a broad strategy centred on digital modernisation, risk-based audits, employee training, and greater internal accountability. Key measures included upgrading digital monitoring…

THE country’s property sector has maintained steady growth this year, driven by rising investments from both local and diaspora investors seeking to preserve value and shield themselves from uncertainty surrounding the mono-currency policy. The government, through the Reserve Bank of Zimbabwe, is pushing for de-dollarisation, with timelines set for 2030. However, local investors and businesses…

AT THE ongoing 30th Conference of the Parties (COP30) to the United Nations Framework Convention on Climate Change (UNFCCC) in Brazil, Zimbabwe is making climate finance and adaptation its overriding priority. According to a government position paper prepared for the conference, the Southern African nation is challenging developed countries to expedite resource mobilisation to meet…

ZIMBABWE’s merchandise exports are projected to grow by 5,8 percent next year to US$10,2 billion from this year’s US$9,6 billion, supported by tobacco and strategic minerals, Treasury has said. Speaking at the 2026 pre-budget seminar yesterday, Finance Minister Mthuli Ncube said tobacco and gold have been the key drivers of the country’s merchandise export receipts…

 IT IS now all systems go for the introduction of new and higher ZiG denominations, as authorities also work to enhance both the supply and quality of notes of the local currency in the economy. So says Finance minister Mthuli Ncube, who adds that the upcoming 2026 National Budget will seek to transform the economy…

ZIMBABWE urgently requires 40 000 more tractors and 200 harvesters to modernise agriculture and boost food security. Deputy minister of Agriculture Vangelis Haritatos said the government’s urgent push to close a yawning mechanisation gap contributes to untimely planting, delayed harvesting, and significant post-harvest losses. “We have just over 16 000 functional tractors in Zimbabwe, but…