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ZIMBABWE’s quests to achieve a mo­no-currency economy in the medium term are losing momentum, notwith­standing the recent substantial growth in the country’s foreign currency reserves, analysts say. This comes as the Reserve Bank of Zimbabwe (RBZ) has identified the further accumulation of reserves as one of the key conditions precedent that will foster the gradual…

THE inaugural Zimbabwe Industri­alisation Conference and Expo 2026 will kick off next week to deliver practical, evidence-based solutions to structural bottlenecks that have historically hindered the country’s manufacturing sector. The Ministry of Industry and Commerce partnered with Africa Economic Development Strategies and ZimTrade to host the confer­ence, which aims to advance the country’s industrial transformation…

AUTHORITIES should promote dual list­ings to stem the migration of companies from the Zimbabwe Stock Exchange (ZSE) to the US dollar-denominated Victoria Falls Stock Exchange (VFEX), a local think tank has said. The call comes amid growing concerns over the shrinking relevance of the ZSE, which has lost more than a dozen counters to the…

OLD Mutual will migrate its secondary listing from the Zim­babwe Stock Exchange (ZSE) to the Victoria Falls Stock Exchange (VFEX), ending six years of suspended trading for Zimbabwean shareholders and providing access to a US dollar-denominated market. The group’s shares have remained suspended since June 2020 after the government halted trading on the ZSE to…

MEASURES introduced in 2020 to curb spec­ulation on the Zimbabwe Stock Exchange (ZSE) continue to undermine price discov­ery on the bourse, analysts say. The observers say lingering structural constraints have reduced liquidity, discouraged investor participa­tion and contributed to a wave of company departures. The restrictions were introduced after the ZSE had become a preferred store…

SIX years after the suspension of its shares from the Zimbabwe Stock Exchange (ZSE), Old Mutual Zim­babwe is preparing to migrate its secondary listing to the Victoria Falls Stock Exchange (VFEX), subject to reg­ulatory approvals. The move follows years of engagements with government, regulators and exchange authorities af­ter the insurer, together with PPC Zimbabwe and…

FINANCE minister Mthuli Ncube’s upcoming mid-term budget review should prioritise the implementation of current policies rather than the introduc­tion of new frameworks, experts say. Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — the experts underlined this week that em­phasising the execution of existing…

ETIHAD Airways has signed an interline Memorandum of Understanding with Fastjet Zimbabwe, a move that will strengthen domestic and inter­national travel connectivity. An interline agreement al­lows passengers to book jour­neys involving multiple airlines on a single ticket. Travellers can also check their baggage through to their final destination and receive boarding passes for all connect­ing…

ZIMBABWE’S insurance in­dustry is posting stronger profits, growing asset bases and healthier balance sheets, even as fewer people are taking out, or keeping, insurance policies, latest reports show. This comes as the industry has long struggled to win public con­fidence, with memories of hyper­inflation-era losses, policy lapses and concerns over claim settlements continuing to discourage…

WHILE policymakers continue efforts to strengthen the ZiG, Zimbabwe’s insurance industry is operating almost entirely in US dollars, according to latest reports. Across life assurance, fu­neral assurance and short-term insurance, the US dollar has be­come the preferred currency for premiums, commissions and risk cover, making insurance one of the country’s most dolla­rised industries. In short-term…