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…
THE government says all foreign currency-denominated assets will be safeguarded during the transition to a ZiG-anchored mono-currency system, allaying fears of financial losses in previous currency shifts. According to the 2026 national budget, the ministry of Finance said the transition to a mono-currency system will not impact existing foreign currency accounts, US dollar-denominated financial instruments,…
ZIMBABWE fell significantly short of its 2025 development assistance target, receiving only US$386,1 million between January and September, well below the planned US$500 million, according to the latest Treasury data. Bilateral partners provided US$240,77 million, or 62,3 percent of total inflows, while multilateral institutions disbursed US$145,33 million, representing 37,7 percent. The decline in Western support,…
FINANCE minister Mthuli Ncube’s 2026 national budget will further strain hard-pressed businesses and consumers, economic experts have warned. 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 the proposed increase in value-added tax (VAT), adjustments to mining royalties…
THE third edition of the State of the Service Economy Survey (SOSES) will be launched next week in the capital. The event, set for December 10 in Harare, is being…
THE World Bank has commended the Zimbabwean government for sustaining the prevailing macroeconomic stability, describing it as a positive step in the ongoing debt resolution process. Zimbabwe is actively seeking to eradicate its debt stock through an arrears clearance and debt resolution process, which involves the implementation of economic and governance reforms as well as…
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