NICOZDIAMOND Insurance plans to leverage technology to enhance product and service innovation to drive growth, amid a marked sectoral shift towards affordable cover for the informal market.Advertisements In a statement accompanying the group’s financial results for the year ended December 31, 2025, chief executive David Nyabadza said the strategy is aimed at strengthening client relationships…
THE Zimbabwe Investment and Development Agency (Zida) issued 146 new licences in the first quarter of 2026, down 32,2 percent year-on-year, as stricter regulations and seasonal factors slowed approvals, particularly in reserved sectors.Advertisements The decline in new licences is from a prior comparative period of 214 licenses. “During the quarter under review, the agency recorded…
Chinese exporters are beginning to lift prices on everything from swimsuits to air conditioners as the Iran war drives up oil-linked input costs, signaling that global consumer inflation is likely…
GODFREY NYONI ARTIFICIAL Intelligence (AI) is no longer a distant or abstract concept. It is already part of everyday life, influencing how people communicate, learn, work, and make decisions. From…
Bothwell P. Nyajeka THERE are moments in life when a conversation shifts one’s perspective in a major way. This past week was one of those moments. I had the privilege…
PADENGA Holdings (Padenga) has this year set aside US$17 million for exploration activities at its subsidiary, Dallaglio Investments, as it moves to commercialise some of its untapped mineral assets.Advertisements The move comes as mining operations, anchored by Eureka Mine and Pickstone Peerless Mine, now dominate the group’s earnings, contributing 94,4 percent of total revenue, while…
POLICY flip-flops, especially those affecting the key mining sector, are severely hindering business, discouraging investment and undermining Zimbabwe’s economy, experts say.Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — the experts added this week that the policy inconsistencies, often seemingly driven by political considerations,…
ZIMBABWE’s parallel market exchange rate premium remained within a 20 percent margin during the first quarter of 2026 and is expected to further narrow the gap, marking a milestone in the stabilisation of the ZiG.Advertisements According to the Reserve Bank of Zimbabwe (RBZ), the official exchange rate averaged ZiG25,59 per US dollar throughout the quarter.…
BANK deposits are increasingly growing, driven by exchange rate stability and stronger foreign currency inflows, signalling improved confidence in the domestic banking system, financial statements by local banks show.Advertisements Several listed and non-listed financial institutions published their 2025 financial results recently, with deposits showing commendable growth. In 2025, total foreign currency inflows reached US$16,2 billion…
ZIMBABWE’S tax framework contains a significant but often overlooked provision known as the Non-Residents’ Tax on Remittances. Provided for under Section 31 of the Income Tax Act and detailed in…
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