ZIMBABWE expects a new, lower yield curve for its gold-backed ZiG currency to take shape in 2026 as inflation falls sharply, with a pivotal bond-auction system scheduled to begin in January.Advertisements A yield curve plots interest rates on government bonds of varying maturity, showing how short-term and long-term borrowing costs relate within an economy. Presenting…
ZIMBABWE is positioning itself to join the global boom in call centre and outsourced business services, with the government announcing a suite of tax incentives designed to lure investors into the Business and Knowledge Process Outsourcing (BKPO) sector.Advertisements Presenting the 2026 national budget, Finance minister Mthuli Ncube last week said the country was “responding to…
THE government says all foreign currency-denominated assets will be safeguarded during the transition to a ZiG-anchored mono-currency system, allaying fears of financial losses in previous currency shifts.Advertisements According to the 2026 national budget, the ministry of Finance said the transition to a mono-currency system will not impact existing foreign currency accounts, US dollar-denominated financial instruments,…
ZIMBABWE fell significantly short of its 2025 development assistance target, receiving only US$386,1 million between January and September, well below the planned US$500 million, according to the latest Treasury data.Advertisements Bilateral partners provided US$240,77 million, or 62,3 percent of total inflows, while multilateral institutions disbursed US$145,33 million, representing 37,7 percent. The decline in Western support,…
THE government says the computerised Mining Cadastre Information Management System is now 90 percent complete and is scheduled for commissioning in the first quarter of 2026.Advertisements The development marks a significant step toward transparency and streamlining the nation’s mining rights administration. Minister of Finance Mthuli Ncube said the system is critical for enhancing the ease-of-doing-business…
ECONET Wireless Zimbabwe (Econet) says its share price on the Zimbabwe Stock Exchange (ZSE) is ‘grossly undervalued’- prompting the group to consider several corporate actions to unlock its intrinsic value.Advertisements The country’s biggest telecommunication company by subscription is touted to hit US$1 billion in revenue by year end after it raked in ZiG13,5 billion, translating…
THE government has called on the banking sector to review charges to ensure that financial services remain affordable, supporting the national goal of lowering the cost of doing business.Advertisements In his 2026 national budget, Finance minister Mthuli Ncube said that banks have strayed from their conventional role of facilitating financial intermediation to promote economic growth.…
AIR Zimbabwe recorded approximately 5 000 passengers on its Harare-Mutare route since launching the service during the Sanganai Hlanganani World Tourism Expo in September, an executive said.Advertisements The national airline made the route permanent after an initial trial for the expo, citing strong demand from travellers. Air Zimbabwe chief executive Edmund Makona described the route…
ZIMBABWE is prioritising policy reforms and innovative financing to attract investment into solar power, while leveraging its lithium reserves to enhance its role in renewable energy storage.Advertisements This comes as the country is yet to fully harness its renewable energy potential, including solar and wind power, which could offer a sustainable and reliable source of…
By Leonita MhishiAdvertisements FOR years, Zimbabweans have treated real estate as the one investment that never lies. A house in Harare’s suburbs, a stand in the fast-growing satellite towns, or even a modest rural homestead has long been regarded as more than shelter. It is a symbol of stability in an otherwise unpredictable economic landscape.…
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