National Report

‘Overhaul trade systems for AfCFTA’

HAZEL MARIMBIZA GOVERNMENT says Zimbabwe must overhaul its standards, customs and trade facilitation systems to enable local busi­nesses to compete effectively in increasingly integrated African markets and secure a greater share of regional value chains. Speaking at the National Competitiveness Summit in Bulawayo at the weekend, the minister of Industry and Com­merce, Mangaliso Ndhlovu, said…

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GreenCo secures US$11,5m backing

AFRICA GreenCo has secured a further US$11,5 million from ex­isting shareholders as the regional renewable energy trader moves to expand its role in southern Africa’s electricity market. The investment from the Private Infrastructure Development Group (PIDG) and Impact Fund Denmark (IFDK) brings the company’s third funding close to US$21,5 million, following the entry of Sanlam…

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Unclaimed pension benefits fall to US$20,15m

THE Insurance and Pen­sions Commission says unclaimed pension benefits fell to US$20,15 million in the half year ended June 30, 2026, from US$22,28 million re­corded at the end of March. The number of members with unclaimed benefits however, in­creased marginally from 250 435 to 250 471 during the period. “The primary contributing factor for the…

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COMESA business fora to draw investors to Harare

INVESTORS and industry execu­tives are set to gather in Harare for two Common Market for Eastern and Southern Africa (COMESA) fora, which will be held ahead of the 25th COMESA Summit of Heads of State and Government. The COMESA Green Connect Forum and COMESA Business Fo­rum will be held on October 19 and 20. The…

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Treasury touts pensions, insurers as key funders

THE Treasury has touted Zimbabwe’s pensions and insurance sector as a key source of funding for infrastruc­ture development, as it moves to strengthen regulations and in­troduce investment instruments aimed at unlocking more capital. The Ministry of Finance said the pensions and insurance indus­try had an important role to play in financing infrastructure, particu­larly through prescribed…

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Zimbabwe bets on green mining

BRANDON JOSPHAT Political Editor GOVERNMENT is pushing for the adoption of green technology across the mining value chain, with authorities calling for cleaner exploration, intelligent mining techniques, and real-time environmental monitoring to promote sustainable mineral development. This comes as Zimbabwe seeks to increase mineral production while promoting beneficiation and value addition, with the mining sector…

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African contractors target US$330bn market

AFRICAN contractors must position themselves to secure a meaningful share of the continent’s construction market, projected to reach US$330 billion by 2031, industry leaders have said. Speaking at the Master Builders South Africa Congress in KwaZuluNatal, South Africa, last week, Zimbabwe Building Contractors Association (ZBCA) president Tinashe Manzungu said the rapid expansion of Africa’s infrastructure…

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NACE to launch import substitution strategy

THE Ministry of Agriculture, Mechanisation and Water Resources Development is set to launch the import substitution strategy during the National Agriculture Conference and Expo (NACE) slated for later this month. The conference, scheduled for September 24 to 25 at the University of Zimbabwe, is hosted in partnership with the Agricultural Marketing Authority, Africa Economic Development…

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Cassava partners Vodafone, Elsewedy to form Africa Data Centers Egypt

CASSAVA Technologies, Vodafone Business and Elsewedy Electric have signed an agreement to establish Africa Data Centres Egypt, a data centre project that will include Egypt’s first sovereign AI data centre powered by Nvidia GPUs. Africa Data Centres Egypt aims to leverage Cassava Technologies’ extensive data centre experience across Africa, Vodafone Business’ expertise in cloud and…

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