THE country’s electricity supply situation is set to worsen in the coming weeks, after Zesa confirmed yesterday that it would take two key generators at Hwange Power Station off the grid for maintenance.At the same time, Zesa also said it would do everything in its power to ensure a relatively stable supply of power in…
THE country’s quest to de-dollarise faces many hurdles due to continuing policy inconsistencies and the absence of fundamental economic reforms, experts warn.Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — the experts said this week that an effective de-dollarisation roadmap required a carefully planned…
ZIMBABWE has the potential to significantly boost its tax revenue, up to nearly a quarter of its gross domestic product (GDP), by reforming its fiscal incentives, according to the World Bank.In its latest Zimbabwe Public Finance Review report, the bank highlighted that while the country has improved domestic revenue collection in recent years, it still…
THE government is developing tailored climate resilience guidelines for state enterprises and parastatals (SEPs) to equip these organisations with effective adaptation strategies, ensuring their operations remain sustainable.By prioritising climate resilience, the government aims to strengthen the ability of SEPs to withstand environmental challenges, promote sustainable practices, and contribute to national economic stability.Speaking at a stakeholder…
ECONET Wireless Zimbabwe’s Chief Operating Officer, Kezito Makuni, has left the company. In a notice published by the listed telecommunications and technology company, Econet said Makuni – a trained telecoms…
ZIMBABWE’s diesel consumption increased by 5,38 percent to 1,12 billion in 2024, marking a more than threefold rise in fuel demand over the past 15 years, according to the latest data from the Zimbabwe Energy Regulatory Authority (ZERA).In December 2024 alone, consumption surged by 12,57 percent, with 116,26 million litres used, compared to 93,02 million…
THE government says it plans to expand Zimbabwe’s irrigated land by approximately 128 percent, aiming to strengthen agricultural output and combat the escalating challenges of climate change.The First Round Crop, Livestock and Fisheries Assessment Report reveals a target to more than double the existing capacity of irrigation from the current 217 000 hectares to 496…
By Beaven DhliwayoGroup Features EditorTHE Financial Gazette, Zimbabwe’s leading business publication and a key voice for industry and commerce, will host its highly anticipated Annual Tax Review Breakfast Meeting on March 13, 2025 in Harare.This event will bring together influential figures from the financial, business, and policy-making sectors.Headlined by Finance Minister Mthuli Ncube, the meeting…
OK ZIMBABWE Limited (OK Zim) has parted ways with three top executives, including chief executive Maxen Karombo in what it described as a ‘comprehensive business review and restructuring’ meant to circumvent ongoing operational challenges.The two other executives taking their leave of office are the chief financial officer Phillimon Mushosho and supply chain director Knox Mupaya.The…
WILLDALE Limited (Willdale) expects the new measures by the government to tackle the widespread informalisation of the economy to level the playing field with its competitors and subsequently boost its waning sales volumes.The brick making company has lost significant market share due to uneven competition from low-cost common bricks from unregulated informal competitors.In his 2025…
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More