finance

Property sector grows in H1

ZIMBABWE’S property sector exhibited growth during the first half of the year, underpinned by companies and individuals increasingly venturing into the sector due to a combination of factors, including high demand and the need to hedge against risks of monetary losses.According to property counters that released financial results for the six months to June 30,…

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Call to revive rail for steel industry

THE National Employment Council (NEC) for the Engineering Iron and Steel industry is urging the government to revitalise Zimbabwe’s crucial rail network.The National Railways of Zimbabwe (NRZ), a state-owned enterprise, handles bulk freight and passenger transport, which is essential for the iron and steel industry.NEC Engineering Iron and Steel industry board chairman Canaan Dube highlighted…

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Berry growers seek expansion

ZIMBABWE’s Berry Growers Association is calling for a significant increase in the nation’s blueberry production to satisfy growing export demand.The country is rapidly establishing itself as a key blueberry producer in Africa, with the sector contributing to the economy and creating jobs in rural areas.According to Alistair Campbell, a representative from the association, the industry…

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Zinyau elected to top regional post

THE Deposit Protection Corporation’s chief executive, Hopewell Zinyau, has been elected as the vice-chairman of the International Association of Deposit Insurers – Africa Regional Committee. The Africa Regional Committee serves as a key platform for deposit insurers across the continent to exchange knowledge, strengthen collaboration, and enhance deposit insurance systems. The Committee facilitates training, research,…

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ZB Half Marathon thrills. . . corporate fights drug and substance abuse, promotes wellness

By Sandra Hove THE ZB Half Marathon, held yesterday at the ZB Sports Club in Harare, brought together hundreds of participants on a mission to combat drug and substance abuse, a pressing issue facing many communities across the nation. The event, organised by ZB Financial Holdings in collaboration with Pamumvuri, a local Private Voluntary Organization…

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AI reshaping banking sector

ZIMBABWE’S banking sector, much like financial institutions globally, is embracing the game-changing power of Artificial Intelligence (AI), redefining the operational and strategic horizons of the financial services sector.According to local bank’s half year financials results for the period ending June 30, 2025, the evolution of AI has been nothing short of revolutionary, moving from foundational…

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Zimbabwe Women brace for UAE challenge

ZIMBABWE Cricket has confirmed that the Zimbabwe Women’s team will host United Arab Emirates (UAE) Women for a white-ball series in Bulawayo starting this week. The two sides will clash in four one-day internationals (ODIs) and two Twenty20 internationals (T20Is). The UAE Women’s tour will get underway with a 50-over warmup match against a Zimbabwe…

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Liquid, Starlink dominate Internet traffic

ZIMBABWE’S fixed internet market posted a strong growth in the second quarter of 2025, with two providers, Liquid Intelligent Technologies and Starlink, commanding more than 80 percent of all data traffic.The growth masks structural strains and widening gaps between dominant providers and smaller players.Data from the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) shows…

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‘Tax cuts are just the start’

THE government last week introduced a series of tax reductions and cuts to administrative costs, which business saw as a necessary first step to reduce the crippling regulatory burden that has inflated the cost of doing business in Zimbabwe, making it uncompetitive with neighbouring countries like South Africa.While this was a welcome move, Zimbabwe National…

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