Prisca Tshuma and Mishma Chakanyuka ZIMBABWE remains on course to maintain single-digit inflation for the rest of this year, provided that authorities stay the course on their current policy discipline, economic analysts say. This comes after the Zimbabwe National Statistics Agency released data last week which showed that annual ZiG inflation eased to 4,4 percent…
ZIMBABWE’s trade deficit widened by 15,9 percent to US$169,6 million in April 2026. This comes as exports fell more quickly than imports, reflecting weaker mineral shipments and continued dependence on imported fuel, machinery and industrial supplies. The trade deficit stood at US$146,4 million in March. According to trade statistics released by the Zimbabwe National Statistics…
THE Zimbabwe Stock Exchange (ZSE) has relaxed key listing requirements for the next 36 months to attract new issuers, improve market liquidity and lower the cost of accessing domestic capital markets. In a practice note issued this week, ZSE chief executive Justin Bgoni said the new measures, effective from June 1, 2026, are also designed…
FIRST Mutual Properties (FMP) shareholders overwhelmingly voted in favour of the company’s voluntary delisting from the Zimbabwe Stock Exchange (ZSE) at an extraordinary general meeting held this week Tuesday. This paves way for the property firm to become a privately held entity under its majority shareholder, First Mutual Holdings (FMH). Shareholders voted in favour of…
EXPERTS remain cautiously optimistic about Zimbabwe’s medium-term economic prospects despite the structural bottlenecks and external headwinds that threaten to retard progress. This comes as the bullish outlook is underpinned by improving fiscal prudence and discipline that has seen the country registering single-digit inflation, a relatively stable exchange rate and rising foreign currency reserves. As a…
THE government and Invictus Energy, through its local operating entity, GEO Associates, have signed a Petroleum Product Sharing Agreement, establishing a regulatory framework for the Cabora Bassa oil and gas project. Speaking at the signing ceremony, Finance minister Mthuli Ncube said the agreement was a major milestone in Zimbabwe’s economic transformation agenda and a strong…
MINERS have welcomed the government’s ban on foreign participation in low-scale gold operations, saying the move will protect local jobs, reduce sector conflicts and reserve mining opportunities for indigenous communities. The policy directive ring-fences any mining operation producing less than 20 kilogrammes of gold per month or carrying a capital investment under US$15 million, exclusively…
ANALYSTS have raised doubts over the government’s newly approved Integrated Provincial Special Economic Zones (IP-SEZs), warning the model could distort competition and repeat shortcomings that undermined previous SEZ programmes. This comes as the cabinet this week approved the framework for the establishment of IP-SEZ under the Zimbabwe Investment and Development Agency Act with a view…
FBC Securities says inflationary pressure is likely to intensify further through to June this year, driven by higher transport and food costs. This follows the Reserve Bank of Zimbabwe’s indication that inflation will likely continue rising until June 2026 before easing. The Zimbabwe National Statistics Agency (ZimStat), in its latest inflation figures, reported that annual…
PROJECTIONS of El Niño weather patterns for the 2026/2027 season have raised serious concerns about macroeconomic stagnation, rising inflation and a food security crisis in the country going forward. In this regard, experts who spoke to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — said…
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