finance

Land title to unlock capital

THE government says the Agriculture Food Systems Rural Transformation Strategy 2 will accelerate the issuance of bankable, registrable and transferable title deeds, as part of efforts to improve access to funding for farmers.Advertisements Zimbabwe is implementing a new land tenure system, shifting from 99-year leases to bankable, registrable, and transferable title deeds for A1 and…

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Local firms bet big on expansion

LOCAL companies are ramping up massive capital projects supported by stable macroeconomic conditions, deepening capital markets and strong US dollar cash flows.Advertisements Recent financial statements from companies listed on the Zimbabwe Stock Exchange and the Victoria Falls Stock Exchange (VFEX) show that businesses are prioritising growth through reinvestment. Companies such as Edgars Stores, Tanganda Tea…

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Zimra opens tax amnesty window

THE Zimbabwe Revenue Authority (Zimra) has given taxpayers a nine-day grace period to voluntarily disclose undeclared income or tax for last year.Advertisements This comes amid concerns by the tax collector of systemic corruption, smuggling, and tax evasion, continuing to cripple authorities’ revenue mobilisation efforts and to sabotage national development. In a notice yesterday, Zimra said…

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Prudent policies pressing for Zim

STEADFAST fiscal discipline and unwavering policy predictability are prerequisites for attracting investment and unlocking rapid economic transformation in the country, Vice President Constantino Chiwenga has said.Advertisements Speaking at a business conference, during the ongoing Zimbabwe International Trade Fair (ZITF), Chiwenga added yesterday that the government also remained seized with further building confidence in the economy…

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Cotton production grows 26 percent

ZIMBABWE posted a 26 percent increase in cotton production to 77 212 metric tonnes in the 2025/2026 farming season, compared to the previous season of 61 289 metric tonnes, attributable to improved delivery payments.Advertisements Cotton is a vital crop in Zimbabwe’s agricultural sector, acting as the second-highest export earner after tobacco and supporting over 400,000…

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Cash buyers drive property market

MORE than 80 percent of property transactions in Zimbabwe were conducted in cash during the first quarter of 2026, underscoring constrained mortgage availability, First Mutual Wealth (FMW) has said.Advertisements Mortgage availability in Zimbabwe remains limited, largely catering to formally employed individuals and the diaspora. Lenders continue to favour US dollar-denominated loans over local currency facilities…

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Zim’s first gold ETF debuts in May

ZIMBABWE’S first-ever gold exchange-traded fund (ETF) is set to be listed on the Victoria Falls Stock Exchange (VFEX) on May 8, 2026, offering an opportunity for local investors to gain offshore commodity exposure.Advertisements The ETF, managed by First Mutual Wealth (FMW), opened its public subscription targeting US$10 million on Wednesday this week and is scheduled…

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Ariana appoints Atkins as chairman

ARIANA Resources has appointed Michael Atkins as its new chair with immediate effect, as its moves to expedite the development of its flagship Dokwe Gold Project in Zimbabwe.Advertisements Atkins, previously non-executive deputy chairman, replaces Michael de Villiers, who steps down as chairman after 13 years and moves into the deputy chairman role while remaining company…

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Healthcare growth hinges on patient-centred policy

ZIMBABWE’S healthcare reforms must hinge on patient-centred policies, which keep the sector financially viable than fresh funding, Cimas Health group chief executive Vulindlela Ndlovu says.Advertisements This comes amid worrying statistics that nearly 90 percent of the country’s population is uninsured, disease costs are rising, and there is mounting pressure on public infrastructure or hospitals. “But…

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Zimbabwe, Botswana cement bilateral ties

A ONE-STOP border post must be urgently established at the Plumtree-Ramokgwebana crossing to eliminate bottlenecks that continue to hamper trade between Zimbabwe and Botswana.Advertisements So said Botswana President Duma Gideon Boko in Harare yesterday, during the 5th session of the Zimbabwe-Botswana Bi-National Commission (BNC). He added that growing investment flows between the two countries demanded…

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