finance

Milk production nears 60 million litres

ZIMBABWE produced 57,24 million litres of milk in the first half of 2025, marking a four percent increase from the 55,11 million litres recorded during the same period last year, according to the dairy services department in the Ministry of Agriculture.June 2025 saw the highest monthly output so far, reaching 9,87 million litres.“Milk production in…

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Zimtrade targets Mozambique

ZIMTRADE is organising a high-level outward business mission to Mozambique, a development that is anticipated to catalyse new trade flows, forge crucial business linkages, and enhance market access for Zimbabwean goods and services in the neighbouring market.This initiative builds directly upon the strategic groundwork laid by Zimtrade’s recent Beira market scan conducted in March 2025,…

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Tech boosts customer satisfaction – CXAZ

THE Customer Experience Association of Zimbabwe (CXAZ) reports a rise in the overall Customer Satisfaction Index (CSI), reaching 66 percent in 2024, up from 65 percent in 2023.This figure surpasses the continental average of 52 percent as local organisations work to improve customer engagement.CXAZ conducts this annual research based on a survey carried out between…

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Ipec rethinks 2009 compensation

THE Insurance and Pensions Commission (Ipec) is considering changes to the regulations for compensating pension fund members who lost value during the 2009 demonetisation of the Zimdollar.This comes after all but two pension funds failed to comply with the initial regulations set in December 2023.In 2015, a commission of inquiry into currency conversions following the…

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Empower us to deal with evaders: Zimra

THE Zimbabwe Revenue Authority (Zimra) is deeply concerned by widespread tax evasion and resistance to compliance from both formal and informal businesses, severely eroding the national tax base. Zimra Commissioner-General Regina Chinamasa told the parliamentary portfolio committee on Finance last Friday that the revenue collector is seeking stronger legal backing and enhanced enforcement mechanisms to…

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Prescribed asset investments soar

SHORT-term insurers in Zimbabwe increased their investments in prescribed assets during the first quarter of 2025, with compliance rates on the rise.New figures from the Insurance and Pensions Commission (Ipec) reveal a 12 percent surge in these investments, climbing to US$21,56 million by March 31, 2025, up from US$19,24 million at the close of 2024.Ipec’s…

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Make Internet access a human right — Experts

INTERNET and data access should be universally accessible in order to develop smart cities across the country, technology experts have said. This came out at the Smart Cities, Development and Property Development Masterclass held in Nyanga this week, where tech and property experts, academia and financiers converged to discuss the future of smart cities in…

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Zimbabwe aims to be regional transit hub

ZIMBABWE is actively pursuing the modernisation of its transport infrastructure to position the country as a regional logistics and trade hub. Speaking on Friday at the Ship – ping and Forwarding Agents As – sociation of Zimbabwe (SFAAZ)’s 19th annual conference in Bulawayo, Transport deputy minister Joshua Sacco stated that the government is accelerating efforts…

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