Almot Maqolo and Mishma Chakanyuka ZIMBABWE’s current macroeconomic stability is expected to hold through the end of the 4th Quarter, weathering both external shocks and the impending Super El Niño. Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — experts said this week that…
GRAND Railway Solutions (GRS), a unit of Dinson Iron and Steel Company (Disco), is set to fund about 60 percent of a US$125 million Manhize-Mvuma railway project, while five local banks and the African Finance Corporation (AFC) have expressed interest in financing the remainder. GRS, working with Disco, will construct a 50-kilometre railway line linking…
THE International Labour Organisation (ILO) has called for an enabling environment that allows enterprises and workers to benefit from the transition to formalisation. Zimbabwe’s formalisation programme seeks to integrate the country’s large informal sector, which accounts for more than 76 percent of economic activity, into the regulated economy. Speaking at the recent Employers’ Confederation of…
MUTAPA Investment Fund’s (MIF) mining cluster is strengthening governance across its specialised portfolio as it seeks to safeguard and unlock greater value from the country’s strategic mineral assets. This comes after MIF’s mineral entities’ chief executives this week signed integrity pledges before the Zimbabwe Anti-Corruption Commission (Zacc), committing to transparent resource management and stronger safeguards…
THE Pan-African Payment and Settlement System (PAPSS), developed by the African Export-Import Bank (Afreximbank) and launched in September 2021, is expected to be fully operational before the end of the first quarter of 2027, an official has said. The system, which will also be connected to China’s payment system, is meant to facilitate cross-border payments…
SEVERE credit constraints and high borrowing costs are hamstringing Zimbabwe’s corporate sector, choking off the long-term investment required to accelerate national economic growth, experts say. Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — the experts noted this week the seriously limited capacity of…
MATABELELAND South recorded the highest provincial ZiG inflation in September 2026, at seven percent year-on-year and 1,1 percent month-on-month, according to latest figures from the Zimbabwe National Statistics Agency. Mashonaland West recorded the lowest at 1,1 percent annually and 0,1 percent monthly, while Harare stood at 4,1 percent annually and 0,5 percent monthly. National monthly…
BUSINESS and economic analysts say Zimbabwe’s borrowing costs remain too high for an economy that needs wider access to credit to support investment and expansion. This comes after the Reserve Bank of Zimbabwe (RBZ) this week cut its benchmark policy rate to 27,5 percent from 30 percent, marking the second consecutive reduction as authorities seek…
ZIMBABWE-listed companies are stepping up shareholder returns, with several major firms declaring higher interim dividends so far this year on the back of improved earnings and stronger balance sheets. This is in stark contrast to previous years when a significant number of listed companies were deferring interim dividends citing liquidity constraints and working capital challenges.…
ZIMBABWE’S pension funds must now start financing the economy after spending years on a cautious strategy of protecting savings, CBZ Holdings group chief executive Lawrence Nyazema has said. Total pension fund assets stood at US$3,47 billion at the end of June, according to Insurance and Pensions Commission (Ipec). “Zimbabwe’s biggest capital problem is trust,” Nyazema…
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