By Ephias RuhodeAdvertisements EVERY few years, a new technology makes the spotlight, drawing in billions of dollars in investment, capturing headlines, and sparking both wild enthusiasm and deep scepticism. At the moment, Artificial Intelligence (AI) is capturing the world’s imagination. The world is crossing into a new age of AI, propelled by explosive breakthroughs in…
ZIMBABWE should accelerate the adoption of artificial intelligence (AI) in urban planning and public administration to drive the country’s transition toward smart, sustainable cities by 2030, experts say.Advertisements Speaking at the Annual Zimbabwe Infrastructure Summit held in Nyanga this week, director of Works and Estates at the Chinhoyi University of Technology (CUT), Tsitsi Hweju, said…
THE Mutapa Investment Fund (Mutapa) should be listed on the Victoria Falls Stock Exchange (VFEX) to raise capital for financing and commercialising underutilised State assets, the Zimbabwe National Chamber of Commerce (ZNCC) has recommended.Advertisements The country’s sovereign wealth fund has a gross asset value under its management amounting to US$16 billion. The Mutapa Investment Fund…
THE Zimbabwe Revenue Authority (Zimra) says it will leverage its digitalisation strategy to improve tax compliance among informal businesses as part of efforts to widen the national tax base.Advertisements Zimbabwe’s economy remains heavily informal, with fewer than 40 percent of businesses contributing to the tax net, resulting in reduced revenue collection. Addressing delegates at the…
ZIMBABWE’s Treasury and central bank deserve firm applause for guiding the economy into an extraordinary period of price stability, demonstrated by month-on-month inflation now in negative territory.Advertisements Three consecutive months of falling prices prove that disciplined fiscal management, restrained monetary expansion, and a credible currency framework can yield real, measurable benefits for households and businesses…
THE International Monetary Fund (IMF) says Zimbabwe’s 2025 economic recovery is stronger than expected, driven by a rebound in agriculture and solid mining performance.Advertisements The Bretton Woods institution said the economy is expected to maintain strong momentum in 2026. “Zimbabwe’s economic recovery in 2025 is stronger than previously anticipated, given the rebound in agriculture and…
EAZZYPAY has launched a digital payment platform designed to simplify and unify the way individuals and businesses manage their financial transactions.Advertisements The new innovation, dubbed “Payments Made Easy,” aims to enhance financial inclusion, reduce transactional inefficiencies, and meet the growing demand for seamless digital services across the country. Speaking during the launch in Harare yesterday,…
THE government says it is intensifying efforts to clear its external debt and rebuild trust with international creditors as part of its drive to restore economic stability and attract new investment.Advertisements Speaking during the 2026 pre-budget seminar, the minister of Finance, Mthuli Ncube, said the government was pursuing two key strategies to deal with its…
By Memory Nguwi Advertisements WHEN an organisation performs exceptionally well, the explanation is often immediate. Commentators and analysts say, “The chief executive officer transformed the organisation.” When it fails, they are equally quick to say, “The leadership failed.” These stories sound convincing because they are simple and human. People love clear explanations with heroes and…
RIOZIM has not been able to capitalise on the gold price record run due to undercapitalised mining operations, resulting in depressed volumes and high production costs.Advertisements This comes as gold prices last week plunged by around 10 percent to below US$4 000 per ounce, the steepest weekly fall in years. However, analysts, including JP Morgan,…
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