finance

Power generation up 6 percent in first quarter

ELECTRICITY generation increased by six percent in the first quarter of 2025, according to the Zimbabwe Statistics Agency (ZimStats).The electricity generation index rose to 97,0, up from 91,4 in the fourth quarter of last year. This also marks a year-on-year increase of 8,7 percent compared to the 90,2 recorded in the same quarter of last…

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Is your organisation positioned for a future it cannot see?

DEAR ChairmanIf the only thing your board meetings accomplish is reviewing reports and approving budgets, then your organisation is not being governed — it is being maintained. This is not stewardship. It is administration. When boards become comfortable passengers instead of active co-pilots, they surrender their most vital role: protecting the future of the organisation.Boardrooms…

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TN bank to broaden digital strategy

TN CyberTech Bank, formerly Steward Bank, says it will expand its digitalisation strategy across all customer-facing platforms as it prepares to transition into a fully-fledged neobank.A neobank is a digital-first financial company that offers banking services like checking accounts and debit cards through online or mobile platforms, without traditional physical branches.Neobanks leverage technology to provide…

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Prop up reserves — Nyazema urges

THE central bank should commit to saving “at least a billion a year” to achieve six months of import cover by 2030, and ensure the ZiG’s long-term viability, CBZ Holdings chief executive, Lawrence Nyazema, has said.This comes as the government has committed to transitioning from a multicurrency system to a ZiG-anchored mono-currency regime by 2030.“……

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Can AI help organic farmers in Zimbabwe?

BY GODFREY NYONI IN Zimbabwe, many small farmers still grow crops the way their grandparents and great-grandparents did with their hands in the soil, using compost, cow dung, and natural ways to protect the land and crops. This method is called organic farming. It’s all about working with nature, not against it. But here’s a…

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Turning career highs, lows to strategic capital

By Kudakwashe Chiutsi IN the fast-paced world of marketing, success is often celebrated through campaign wins, awards, rapid promotions and recognition. We take pride in the viral campaigns, the innovative ideas that set us apart, and the big deals closed. These milestones serve as markers of achievement and fuel our motivation.However, seasoned marketing professionals know…

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B2B demand to boostAgric Show numbers

THE Zimbabwe Agricultural Society (ZAS) has reported a significant surge in exhibition participation for this year’s agricultural show, largely attributed to the growing demand for business-to-business interactions within the country.Addressing the media in Harare, ZAS chief executive officer Rufaro Gunundu disclosed a current exhibitor count of 304 for the upcoming agricultural show, with the organisation…

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Zimre plans regional offensive

ZIMRE Holdings (Zimre) says it wants to take advantage of the African Continental Free Trade Area (AfCFTA) to expand into the region and bolster performance in key subsidiaries.The group operates through subsidiaries in sectors such as general insurance, health cover, reinsurance, life reassurance, reinsurance broking and property services for private, commercial and corporate clients in…

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Caledonia ups production guidance

CALEDONIA Mining Corporation has revised upwards the gold production guidance for its primary asset, Blanket mine, to 75 500-79 500 ounces this year after surpassing half year expectations.In its latest production update, the group said gold output for the first half of 2025 was 39 741 ounces, a 5,1 percent increase on the 37 823…

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