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Guarded business toasts to IMF deal

BUSINESS is cautiously optimistic about the country’s recent agreement with the International Monetary Fund (IMF) on a new Staff-Monitored Programme (SMP). Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — top corporate executives said this week that although the SMP was not likely to…

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Good rains boost Zim’s economic outlook

PRELIMINARY crop assessments have positioned the 2025/26 agricultural season as the country’s most promising in recent years, supported by favourable rainfall patterns and expanded planting.  This comes as the maize hectrage across the country’s 10 provinces increased by 30 percent from 1,4 million hectares to 1,9 million hectares, bringing hope of better fortunes this season.…

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Gold output dips in January

ZIMBABWE’S gold production fell by 3,9 percent year-on-year in January 2026 to 3,045 tonnes from 3,168 tonnes realised in the same period last year, figures from Fidelity Gold Refinery show. The latest data reflects that small-scale producers remain the backbone of production, churning out 2,237 tonnes or approximately 73 percent of total output. Primary producers…

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Industry pushes for bank policy rate cut

THE Reserve Bank of Zimbabwe (RBZ)’s policy rate of 35 percent is increasing the cost of business in the country thereby suppressing growth momentum, the Zimbabwe National Chamber of Commerce (ZNCC) has warned. This comes as authorities have repeatedly stated that they will ‘stay the course’ with regards to a tight monetary policy stance, in…

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‘Energy sector liberalisation unlocks private capital’

LIBERALISATION of the energy sector has opened the door for private capital investments, enabling Independent Power Producers (IPPs) to take on projects supplying electricity directly to businesses, industry players say. The reform follows government approval allowing IPPs to generate electricity for their own use or for sale to third parties, access the national transmission network,…

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‘Constant ZSE exits thorny for economy’

CONTINUING delistings from the Zimbabwe Stock Exchange (ZSE) by blue-chip companies aren’t good news and signal deeper structural weaknesses in the country’s capital markets, analysts say. This comes after telecoms giant, Econet Wireless, became the latest top firm to make decisive moves to exit the ZSE. Counters such as Padenga, Innscor, Simbisa, Axia, FCB and…

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