THE government has intensified efforts to rehabilitate deteriorating roads in Harare following the commissioning of a high-capacity asphalt plant designed to accelerate road repairs. Speaking at the commissioning in Harare, the permanent secretary in the ministry of Transport, Joy Makumbe, said the facility marks a major step toward improving urban road infrastructure. “This asphalt plant…
THE country’s bid to transform the way in which state enterprises are run has received a boost from the African Development Fund (ADF) as the government moves to strengthen institutional support for reforms in the sector. This comes as the country is seeking to undertake the institutional support for the state enterprise reform project aimed…
THE African Development Bank (AfDB) has reaffirmed its commitment to supporting Zimbabwe’s national development strategy, pledging assistance to accelerate economic growth, strengthen key sectors, and promote inclusive and sustainable development. This comes as the European Union has reaffirmed its commitment to supporting the country, including through the country’s arrears clearance and debt restructuring, and structured…
By Leonita Mhishi FOR many Zimbabweans, the dream of owning property or building an investment portfolio in bricks and mortar is intensely personal — it carries memories of “home,” pride in ownership and, for the diaspora, a tangible link to the country they call home. But across our cities and towns that dream often collides…
THE European Union has reaffirmed its commitment to supporting Zimbabwe, including through the country’s arrears clearance and debt restructuring structured dialogue with international partners. In an interview, the EU’s new ambassador to Harare, Katrin Hagemann, confirmed this at the weekend. She added that the bloc’s support to Zimbabwe would mainly focus on inclusive dialogue, policy…
CALEDONIA Mining Corporation Plc (Caledonia) has appointed Stanbic Bank Zimbabwe and CBZ Bank as co-lead arrangers for an interim funding facility of up to US$150 million to support the development of its Bilboes gold project. The facility is expected to be in place by mid-2026, subject to lender approvals. Caledonia said the facility is intended…
By Bothwell Nyajeka A READER of this column recently posed the following important question: “As we move into 2026, Zimbabwean companies are transitioning from a ‘comply or explain’ philosophy to…
By Memory Nguwi IF you want to attract and retain people who consistently deliver results, you must be deliberate about where you position their pay. Salary is a strategic decision…
PARLIAMENT is actively pushing for the reduction of the intermediated money transfer tax (IMTT) on US-dollar transactions from the current two percent to 1,5 percent to encourage deposits, chairman on budget committee Lincoln Dhliwayo has said. He said this at the Annual Tax Review Breakfast Meeting hosted by our sister business paper The Financial Gazette on Friday,…
CONSTRUCTION industry experts say Zimbabwe is integrating technology into the sector to attract both domestic and international investment. The industry is evolving through the adoption of green technologies, including solar energy and rainwater harvesting, alongside modern materials such as light gauge steel. In an interview, the president of the Zimbabwe Building Contractors Association, Tinashe Manzungu,…
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