THE Bankers Association of Zimbabwe (BAZ) has urged the government to review its growing list of levies on digital transactions and services, warning that the charges risk discouraging electronic payments and undermining efforts to formalise the economy. Their concerns follow the introduction of new taxes in the 2026 national budget, presented a fortnight ago by…
THE government is set to review and reduce high fees, levies, and taxes in the telecommunications and broadcasting sectors as part of ongoing ease-of-doing-business reforms. Speaking during the last post-Cabinet media briefing in Harare yesterday, Information minister Jenfan Muswere confirmed that Cabinet had approved the review to address burdensome costs within the sectors. “Cabinet approved…
ZIMBABWE is losing as much as US$9 billion each year by exporting raw tobacco instead of processing it locally, a senior government official has warned. The country’s tobacco sector has hit a historic peak, producing a record 354,9 million kilogrammes this year, earning growers more than US$1 billion. Addressing stakeholders at the Zimbabwe Agricultural Society…
THE government says it will introduce inflation-hedged and index-linked bonds, alongside a pension portability system that allows members to keep their accrued benefits when they change jobs or schemes, a move aimed at protecting the real value of retirement savings. The pension sector has long struggled with severe value erosion caused by hyperinflation and currency…
ECONOMIST and public policy commentator Gift Mugano has described the Mutapa Investment Fund as nothing short of revolutionary, arguing that its early performance signals a decisive shift in the management of State assets. “Mutapa is a game-changer. It has the potential to turn around parastatals which have been a burden to the fiscus for decades,”…
ZIMBABWE’s micro, small and medium enterprises (MSME) sector is structurally fragile, hindered by limited access to finance and external markets as well as over-reliance on imports, the inaugural State of the MSME Sector Report shows. According to the report, Zimbabwe’s emerging businesses scored a composite index of 49,6 percent, reflecting a sector still ‘developing.’ The…
INCREASED diaspora remittances will significantly boost consumer spending and lift business over the Christmas and New Year holidays, economic experts say. Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — the experts added this week that there would be more “cheer” this festive season…
THE state of Zimbabwe’s services sector has steadily improved this year, with the quality of service provision in privately-run institutions outperforming State-owned entities, the 2025 State of the Service Economy Survey (SOSES) shows. According to the annual report, conducted by The Financial Gazette, ZB Financial Holdings, Tatu Advertising and Consumer Feedback Consultancy, digitalisation, improved work…
THE third edition of the State of the Service Economy Survey (SOSES) will take place at the Hyatt Regency Hotel in Harare tomorrow at a ceremony expected to be attended…
ZIMBABWE expects a new, lower yield curve for its gold-backed ZiG currency to take shape in 2026 as inflation falls sharply, with a pivotal bond-auction system scheduled to begin in January. A yield curve plots interest rates on government bonds of varying maturity, showing how short-term and long-term borrowing costs relate within an economy. Presenting…
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