By Mohamed JassatIN the fast-paced and ever-evolving world of global commerce, success is often measured not just in figures and forecasts but in relationships and respect. As Zimbabwe continues to position itself as a formidable player on the international stage, it becomes increasingly important for our business community to understand and embrace the cultural nuances…
ZIMBABWE’S mining sector has long been a significant contributor to the country’s economy, with mineral exports accounting for a substantial portion of its Gross Domestic Product (GDP). Mining royalties are a critical component of Zimbabwe’s fiscal landscape, forming a key source of revenue from the country’s vast natural resources.Recent legislative changes by the Minister of…
By Shephard KemboENTREPRENEURSHIP has long been a subject of debate, especially when it comes to the question: Are entrepreneurs born with innate traits, or are they shaped by exposures, experiences, training and or education?While some argue that natural-born entrepreneurs possess an inherent ability to take risks and innovate, others believe that entrepreneurship is a skill…
A COMMON question among banking customers is why they do not earn interest on their accounts. The answer is not as straightforward as it may seem, as several factors influence the interest rates on deposits. This article aims to educate the public on the types of accounts and deposit tenures that can earn interest, which…
MOST great economies in the world have benefited from entrepreneurship and informal businesses that have managed to transition and graduate to become big corporations. Zimbabwe has not been an exception when it comes to a rapid growth of the informal sector.The informal sector in Zimbabwe continues to play a very important role in terms of…
IN Zimbabwe’s insurance sector, much attention is given to short-term and life insurance businesses, which dominate industry discussions. However, a silent revolution is underway in microinsurance, a sector poised for exponential growth if the economy maintains its current trajectory.With regulatory authorities such as the Insurance and Pensions Commission (IPEC) pushing for financial inclusion, microinsurance has…
By Mohamed JassatZIMBABWE’S forests are among the country’s most treasured national assets, home to breathtaking biodiversity and a vital resource for millions of people.However, the alarming rate of deforestation threatens not only the beauty of these forests but also the economic, social, and environmental well-being of the nation. As chairman of the Forestry Commission, I…
THE Tax Indaba hosted by The Financial Gazette last week has once again highlighted the urgent need for Zimbabwe to refine its tax system.While the government has made commendable strides in addressing tax compliance and revenue collection, the discussions at the annual conference underscored persistent challenges that, if left unaddressed, could stifle economic growth and…
I HAVE decided to write this article on AI as a precursor to a webinar on AI and Digital Transformation in the Global South on March 27. The webinar will bring together a distinguished panel of experts from academia, industry, and government, who will share their insights and experiences on the progress, challenges, and strategies…
By Mohamed JassatZIMBABWE’s intensified engagement with countries in the Middle East has yielded substantial economic benefits, including increased trade, foreign direct investment and generation of employment, access to technology, and economic diversification.These benefits demonstrate the potential of Zimbabwe’s engagement with countries in the Middle East to drive economic growth, development, and diversification.The Middle East region…
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