THE country’s record gold haul in 2025 has raised business hopes for more sustained macroeconomic and ZiG stability going forward. Economic experts who spoke to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — said this week that both the continuing high global prices for the…
ZIMBABWE’S debt management and reporting regime have remarkably improved over the last five years, as the country has moved from “red flags” to green zones in many categories, officials say. This comes as Harare’s debt mountain has crept up to US$23 billion and Finance minister Mthuli Ncube is hoping “to deepen the domestic financial market…
ZIMBABWEAN business leaders and economists have broadly welcomed the Reserve Bank of Zimbabwe (RBZ)’s intention to move from a tight to a prudential monetary policy thrust. The new policy is part of the central bank’s reviewed five-year roadmap aimed at protecting consumers, restoring credit flows and sustaining the economy’s hard-won stability. RBZ governor John Mushayavanhu,…
ZIMBABWE’s milk production reached a record 121,84 million litres in 2025, up six percent from 114,69 million litres in 2024, latest data shows. December 2025 production increased by 13 percent month-on-month to 11,41 million litres. Milk processors increased intake by seven percent to 112,75 million litres from 105,7 million litres the previous year, while retail…
ZIMBABWE’s foreign currency earnings increased by 21,8 percent to US$16,2 billion in 2025 from US$13,3 billion recorded during the comparable year, buoyed by favourable commodity prices. This is the highest performance the country has recorded, sustained by the improvement in prices of key minerals and the growth in diaspora remittances. According to the Reserve Bank…
ZIMBABWE’s foreign currency reserves surged to US$1,2 billion as of December 31, 2025, marking nearly a fourfold increase from the US$276 million held when the ZiG was introduced in April 2024. The build-up, confirmed by the Reserve Bank of Zimbabwe (RBZ), is deemed critical for the lasting stability of the country’s currency, the ZiG. The…
THE Insurance and Pensions Commission (Ipec) says Zimbabwe’s life assurance sector should be innovative and diversify its revenue streams outside funeral cover to ensure sustainability. In its Life Assurance Sector Report for the nine months ended September 30, 2025, Ipec said the sector’s long-standing reliance on funeral assurance products exposes it to concentration risks, resulting…
PENSION contribution arrears declined by nine percent to US$100,2 million in the third quarter to September 30, 2025, from US$110,4 million prior quarter, bringing relief to the sector marred by high default rates, the Insurance and Pensions Commission (Ipec) says. This comes as more employers settled outstanding payments, heeding the call by the regulator for…
BUSINESS leaders and investment analysts are cautiously optimistic about the country’s 2026 economic prospects. Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — these key stakeholders warned this week that despite the stabilising ZiG and inflation, as well as improved performances in key productive…
ZIMBABWE’s gold output for 2025 set a new record of 46,73 tonnes, which was 28 percent above prior year levels of 36,48 tonnes, supported by record high prices and sustained government support, latest figures show. This was above the government target of 40 tonnes. According to data from Fidelity Printers and Refiners, small-scale producers contributed…
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