THE Procurement Regulatory Authority of Zimbabwe (PRAZ) is confident that amendments to the Public Procurement and Disposal of Public Assets (PPDPA) Act will improve compliance and modernise public procurement processes.Speaking at a journalists’ workshop in Kadoma last week, PRAZ chief executive officer Clever Ruswa stated that the amendment, which is currently before Parliament, will build…
ZIMBABWE’S economic growth rate has been revised upward from six to 6,6 percent by year-end, driven by prudent fiscal and monetary policies that have created an environment conducive for investment and growth, according to President Emmerson Mnangagwa. This comes after previously, the government had projected a growth rate of around six percent, based on several…
Vongai Nyahunzvi ZIMBABWEAN companies are leaking billions in untapped human potential, not because we lack talent, but because we keep importing tools that don’t see us.For decades, our organisations and our boardrooms have relied on Western leadership diagnostics, MBTI, Hogan, DISC, as if the only way to understand ourselves is through someone else’s mirror. But…
THE Reserve Bank of Zimbabwe (RBZ) has implored the research community to improve data systems in order to guide evidence-based policymaking and fully benefit from new technologies such as artificial intelligence (AI). Speaking during the ongoing Zimbabwe Economic Development Conference (Zedcon), the RBZ deputy governor, Innocent Matshe, said it was important to apply rigorous tools…
ZIMBABWE needs to come up with innovative financing solutions to enhance domestic resource mobilisation amid rising health demands, such as for anti-retroviral drugs, said UN resident and Humanitarian coordinator Edward Kallon. The call comes after USAid funding cuts led to the termination of numerous vital health and development projects, including those related to malaria prevention,…
THE government’s decision to begin a comprehensive review of statutory fees and licences is a breath of fresh air for businesses across the country.For far too long, entrepreneurs, from small-scale dairy farmers to large corporations, have faced a web of costly and often duplicative permits. This maze of bureaucracy has acted as a significant drag…
ZIMBABWE’S digital payment transactions increased by four percent to ZiG231,42 billion in June 2025, up from ZiG223,44 billion in May this year, according to the latest figures.Data released by the Reserve Bank of Zimbabwe’s (RBZ) reveals that growth is concentrated in high-value, low-volume RTGS transactions, while retail payment channels such as mobile money and cash…
EXPERTS have urged authorities to accelerate their well-received efforts to improve the country’s cost of doing business and overall investment climate.This comes as the government has started to reform Zimbabwe’s licensing and regulatory framework, with its initial focus on the pivotal agriculture and transport sectors.Speaking to The Financial Gazette — the country’s number one business…
THE Ministry of Finance’s think-tank gathering, the ZEDCON annual conference, kicked off in Bulawayo yesterday at the Zimbabwe International Trade Fair.This year’s event, themed “Macroeconomic and Sectoral Policies for Broad-based Economic Transformation,” will run for three days.This high-level conference has brought together regional experts, which Treasury sees as a crucial step for fostering cross-border knowledge…
FIRST Mutual Holdings (First Mutual) is pursuing investments in alternative markets, mainly property, as a hedge against risk of value erosion on cash balances ahead of the 2030 currency transition.Zimbabwe’s currency transition from a US-dollar backed multi-currency system to a mono-currency regime anchored by its local currency in the next five years presents widespread uncertainties…
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