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…
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…
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…
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)…
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…
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,”…
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