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Industry’s tempered optimism over 2026

BUSINESS leaders and investment analysts are cautiously optimistic about the country’s 2026 economic prospects. Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — these key stakeholders warned this week that despite the stabilising ZiG and inflation, as well as improved performances in key productive…

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Gold output beats 2025 target

ZIMBABWE’s gold output for 2025 set a new record of 46,73 tonnes, which was 28 percent above prior year levels of 36,48 tonnes, supported by record high prices and sustained government support, latest figures show. This was above the government target of 40 tonnes. According to data from Fidelity Printers and Refiners, small-scale producers contributed…

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Muted job hiring rocks MSMEs sector

JOB hirings within the micro, small, and medium enterprises (MSMEs) sector have largely been subdued, as players focus on survival rather than expansion, a new sectoral report shows. According to the 2025 State of the MSME Sector Report, released late last year, there is a general reluctance to scale up the workforce within this economic…

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‘Mutapa asset base solid’

MUTAPA Investment Fund (MIF) has the capacity to unlock fresh capital to resuscitate struggling entities under its ambit, leveraging its US$14,9 billion asset base, experts have said. The country’s sovereign wealth fund manages a portfolio of 30 companies, adding up to approximately 70, including associates and subsidiaries. In its inaugural annual report for 2024, released…

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RBZ shifts to prudent policy thrust

THE Reserve Bank of Zimbabwe (RBZ) says it is shifting from a tight to a prudent monetary policy stance to consolidate recent economic gains. The central bank governor, John Mushayavanhu, said a tight monetary policy stance served the country well in taming inflation and setting the economy on a course to sustained price stability. “Going…

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‘2025 was both ‘fab’ and hard’

WHILE Zimbabwe’s economy grew markedly in 2025, deep structural issues remain a major concern, business leaders say. Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — they added this week that authorities needed to do more going into 2026 to put the economy on…

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Business sceptical about stability

BUSINESSES say the local currency has delivered short-term gains in stability and planning, as many remain sceptical about its durability over the long run, according to a 2025 survey by the Zimbabwe National Chamber of Commerce (ZNCC). This assessment comes as Zimbabwe steadily builds its foreign currency reserves to support the ZiG currency, introduced in…

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Demand for domestic unit expected to fall

FBC Securities says demand for borrowing in Zimbabwe Gold (ZiG) for working capital is expected to continue declining in the absence of stronger pro-ZiG demand policies. Demand for ZiG for working capital remains mixed. While official usage has increased, businesses continue to rely heavily on the United States dollar (USD) because of ongoing operational challenges…

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Cheer for Victoria Falls hotels this festive season

VICTORIA Falls heads into the 2025 festive season with steady hotel bookings, although the resort is unlikely to achieve the full occupancy levels it has traditionally enjoyed. The peak festive period runs from 22 December to 2 January and has historically been driven largely by local travellers, particularly around Christmas. Hospitality Association of Zimbabwe (HAZ)…

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‘Current account surplus boon for ZiG’

THE Reserve Bank of Zimbabwe (RBZ) says the country has recorded a trade surplus over the past two months, signalling a tentative economic recovery and strengthening prospects for the continued stability of the ZiG currency. The development follows a trade surplus of about US$7 million recorded in August 2025, with authorities projecting that the positive…

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