finance

Thinking beyond corporate security walls

Isaac Zhou IN TODAY’s corporate world, security is no longer defined only by physical security systems such as CCTV systems, fences, gates, and locks.While physical barriers remain vital for keeping unauthorised individuals away from sensitive areas, true and lasting protection lies in something less visible but more powerful — organisational culture.Organisational culture is the mindset,…

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Energy efficiency:let’s plug the gaps

IT is a staggering thought that our nation is haemorrhaging a resource worth over US$700 million every single year.This isn’t a mineral smuggled across borders, but energy dissipated through sheer inefficiency, according to the Zimbabwe Energy Regulatory Authority.In a country grappling with power deficits and seeking foreign investment for new generation, we are overlooking the…

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Regulatory fees top CEO agenda

THE government’s ongoing review of regulatory fees and licence costs will be a key discussion point at the CEO Africa Annual Roundtable to be held in Victoria Falls from October 14 to 18. This comes as the government is undertaking a review of licences, permits, levies, and fees across various sectors, including agriculture, tourism, and…

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Business toasts to GDP rise and rains

ANTICIPATED average to above-average rainfall for much of the upcoming rain season are adding to growing optimism about the country’s economy.This comes as the economy is now projected to grow by 6.6 percent in 2025, from the initial forecast of six percent, with Zimbabwe’s gross domestic product (GDP) also expected to top US$52 billion by…

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African Sun upbeat over government policy interventions

AFRICAN Sun remains optimistic about its growth prospects, bolstered by recent government policy interventions — including the Tourism and Hospitality Industry Policy launched mid-year to stimulate the sector.This comes as the government’s five-year (2025-2030) tourism plan seeks to scrap some of the outdated and fragmented legal infrastructure with direct implications on licensing, promotion, and regulation…

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RioZim makes executive changes

RIOZIM has appointed Caleb Dengu as group chairman with effect from July 8, 2025 taking over from Saleem Rashid Beebeejaun, who resigned.Dengu is an investment strategist with more than four decades of experience spanning international development finance, public sector reform and private sector investment across Africa, Latin America, Asia and the Caribbean.He currently serves in…

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SMEs survey hits homestretch

THE inaugural micro, small and medium enterprises (MSMEs) survey report is in its final stages, with a team of adjudicators from diverse sectors of the economy rigorously reviewing the findings.The project, a partnership between The Financial Gazette and the Small and Medium Enterprise Development Corporation, will present detailed data on MSME demographics, challenges, and opportunities.Pan-African…

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Treasury upbeat about re-engagement

FINANCE Minister Mthuli Ncube says the potential repeal of the Zimbabwe Democracy and Economic Recovery Act (ZIDERA) will serve as a catalyst for the country’s comprehensive economic transformation.This comes as a new bill before the US Congress could see 25 years of sanctions against Zimbabwe reversed. The new bill places conditions, mainly debt settlement under…

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FMP laments lean mortgage market

FIRST Mutual Properties (FMP) says the property sector continues to be constrained by limited mortgage financing, despite notable growth in selected urban areas — primarily driven by private capital recycling and diaspora-led investments.Zimbabwe’s property market is characterised by a dominance of cash buyers, with only a small percentage of transactions being mortgage-based, largely due to…

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Dairibord upgrades key equipment

DAIRIBORD Holdings (Dairibord) has deferred the interim dividend payout to its shareholders for the half year ending June 30, 2025, to allocate funds towards capital expenditure for equipment upgrades.The group, however, did not disclose the total cost of the ongoing capital expenditure programme.This comes after the dairy products manufacturer posted a profit of US$1,2 million…

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