National Report

Zimbabwe, Kenya implored to join forces

ZIMBABWE and Kenya should move beyond traditional academic exchanges and establish a more integrated higher education partnership that combines research excellence, technological innovation and practical skills development, a leading academic has said. Tharaka University vice-chancellor Peter Muriungi said the two countries had complementary strengths in higher education which, if effectively harnessed, could help produce graduates…

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‘Review air travel taxes’

FASTJET Zimbabwe cele­brated 11 years of operation on October 28, 2026, mark­ing a major milestone in the air­line’s contribution to the country’s air travel and tourism sector. To reflect on this journey, our Deputy Editor, Tendai Kamhungira (TK), spoke to fastjet Zimbabwe Business CEO and Country Head, Donahue Cortes (DC), who called for a re­view…

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216 illegal LPG traders nabbed

AT LEAST 216 unlicensed LPG dealers in Harare have been arrested amid a 9,5 per­cent increase in demand for the prod­uct, which rose to 115,08 million ki­logrammes (kg) between January and September. The Zimbabwe Energy Regulatory Authority (Zera) launched the blitz in partnership with the police following an increase in the number of unli­censed traders.…

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Debt costs cloud Africa’s growth outlook: WB

AFRICA’S economic re­covery is facing mount­ing pressure from rising debt-servicing costs, geopolitical uncertainty and climate shocks, the World Bank has said. In its latest Africa Economic Update for October 2026, the World Bank warned that gov­ernments across the region have limited fiscal room to absorb fur­ther economic disruptions. It projected economic growth in Sub-Saharan Africa…

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Manufacturing, mining sectors drive investment

THE Zimbabwe Investment Development Agency (Zida) recorded a 64,1 percent increase in projected investment value to US$2,61 billion in the third quarter of 2026, driven largely by growth in the manufactur­ing and mining sectors. Zida chief executive Tafadzwa Chinamo said the increase in projected investment value, alongside a broadly stable number of approvals, reflected a…

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CBZ, BADEA pursue US$50m trade finance facility

CBZ Bank and the Arab Bank for Eco­nomic Development in Africa (BA­DEA) have taken steps towards secur­ing a proposed US$50 million trade finance facility that could improve access to funding for Zimbabwean businesses. The two financial institutions signed a declaration of intent on the sidelines of the World Bank Group and International Monetary Fund An­nual…

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Green Dollar pushes for stablecoin adoption

GREEN Dollar Stablecoin (GDC) has asked the Zimbabwe Revenue Author­ity (Zimra) to consider accepting its digital currency for certain taxes and customs duties. GDC finance manager Margaret Mwanakatwe said the company, work­ing with Africa Investors Hub, has asked Zimra to “explore the potential acceptance of Green Dollar Coin as a digital payment option for eligible…

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PPC completes US$27m Arlington sale

CEMENT producer PPC Zimba­bwe (PPCZ) has concluded the sale of the 418-hectare vacant Arling­ton Estate property in Harare for US$27 million, ending months of delays that had stalled the disposal. This was disclosed on Tuesday by its South Africa-headquartered parent company PPC Limited (PPC), which has an 88 percent stake in the Zimbabwean opera­tion. The…

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Zimbabwe-China trade surges 51,6pct

TRADE between China and Zimbabwe rose 51,6 percent year-on-year to US$5,01 billion in the first nine months of 2026, China Customs data shows. The two countries have strengthened their economic ties in recent years, with China re­maining one of Zimbabwe’s ma­jor trading partners. The Chinese embassy said the latest figures reflected the bene­fits of bilateral…

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