THE Zimbabwe Industrial Reconstruction and Growth Plan (2024-2025) achieved a 70 percent completion rate as of September 2025, demonstrating progress in revitalising the local manufacturing and commerce sectors.The plan, a transitional framework leading to the 2026 – 2030 industrial policy, aims to reduce the import bill, enhance local production, and unlock export potential.“The Zimbabwe Industrial…
ZIMBABWE’S business community has been urged to tighten compliance and enhance transparency in tax reporting as major fiscal and regulatory reforms are expected in 2026.Speaking at the Baker Tilly Tax Summer School held at Troutbeck Resort in Nyanga last week, expert Simbarashe Hamudi said that companies must now “treat transfer pricing documentation not as an…
After facing considerable criticism, Eskom has relented on the onerous and costly requirements for registering small-scale embedded generation (SSEG) – primarily rooftop solar – within its distribution areas. It will…
CLOTHING retailer, Edgars Stores, recorded a rebound in sales and revenue for the half year ended June 30, 2025, driven by stronger consumer spending power.Advertisements This recovery came on the back of a stable local currency, a strong agricultural season, firm global mineral prices and higher diaspora remittances, which boosted liquidity in the economy. “The…
By Lorreta Songola – CEO Liquid Intelligent Technologies Zimbabwe WHEN a business decides to move to the cloud, one of the most important considerations is maintaining the safety, privacy of…
Swiss-based bottler Coca-Cola HBC on Tuesday said it has agreed to buy a 75% stake in its African counterpart for $2.6 billion, creating the world’s second-largest Coca-Cola bottling partner by…
POWER utility Zesa has announced that Unit 8 of Hwange Thermal Power Station, which generates 335 megawatts (MW), has been taken off the grid for statutory maintenance, further compromising the country’s electricity supply.Advertisements The planned outage, which began on Monday, will last 10 days. Figures from Zesa subsidiary, the Zimbabwe Power Company (ZPC), yesterday showed…
THE International Monetary Fund (IMF) has lauded the country for implementing sound economic reforms that have resulted in relative stability of prices of basic goods and the foreign currency exchange rate.Advertisements This comes as the government continues to engage with the IMF in crucial discussions that could lead to Harare securing another Staff-Monitored Programme (SMP)…
Tariro TumbukayiStaff WriterAdvertisements ZIMBABWE’s property market has remained a haven for investors amid exchange rate volatility, soaring inflation and an unstable policy environment that has undermined traditional assets, a new study shows.According to a report by First Mutual Wealth (FMW), listed equity markets have struggled with weak liquidity and remain highly volatile, a situation that…
DESPITE the liberalisation of grain selling in the country, the Grain Marketing Board (GMB) is transitioning to become a national warehouse, offering storage services to private sector players who can then collect their grain from any depot across the country.Advertisements This strategic shift is aimed at curbing significant post-harvest losses incurred by farmers. Losses are…
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